Analysts take a look at SYNNEX Corporation (NYSE:SNX) having this to say.

June 14, 2018 - By Darrin Black

SYNNEX Corporation (NYSE:SNX) LogoInvestors sentiment increased to 1.22 in Q1 2018. Its up 0.22, from 1 in 2017Q4. It increased, as 20 investors sold SYNNEX Corporation shares while 73 reduced holdings. 38 funds opened positions while 75 raised stakes. 28.73 million shares or 1.20% more from 28.39 million shares in 2017Q4 were reported.
Commonwealth Of Pennsylvania Public School Empls Retrmt Systems invested in 7,894 shares. Liberty Mutual Grp Asset Management has invested 0.02% in SYNNEX Corporation (NYSE:SNX). Numerixs Technology Incorporated reported 1,700 shares. Royal Financial Bank Of Canada, Ontario – Canada-based fund reported 18,329 shares. Atlantic Grp Incorporated Limited Liability reported 205 shares or 0% of all its holdings. Gotham Asset Limited Liability Co reported 0.03% in SYNNEX Corporation (NYSE:SNX). Deutsche Financial Bank Ag owns 81,027 shares. Jefferies Group Incorporated Lc invested 0.03% of its portfolio in SYNNEX Corporation (NYSE:SNX). Parametric Port Associate Lc reported 69,807 shares. Foster & Motley holds 11,268 shares or 0.22% of its portfolio. Strs Ohio holds 0.01% or 13,300 shares. Retail Bank Of Montreal Can has 2,689 shares for 0% of their portfolio. Virginia Retirement Et Al holds 0.02% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 15,500 shares. Jpmorgan Chase & Com invested in 67,966 shares. Bnp Paribas Arbitrage Sa accumulated 8,049 shares.

Since January 12, 2018, it had 0 insider purchases, and 34 selling transactions for $213.48 million activity. Another trade for 2,000 shares valued at $244,224 was sold by POLK DENNIS. On Wednesday, April 18 the insider STEFFENSEN DWIGHT sold $314,250. MIAU MATTHEW had sold 2,000 shares worth $208,434 on Monday, April 16. 300 shares were sold by Wurster Thomas S., worth $36,814. Zulberti Andrea M sold $206,865 worth of stock or 1,500 shares. LEUNG SIMON sold $100,643 worth of stock.

SYNNEX Corporation (NYSE:SNX) Ratings Coverage

Among 5 analysts covering SYNNEX Corp (NYSE:SNX), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. SYNNEX Corp had 9 analyst reports since January 10, 2018 according to SRatingsIntel. The stock of SYNNEX Corporation (NYSE:SNX) earned “Buy” rating by Stifel Nicolaus on Monday, April 2. On Wednesday, January 10 the stock rating was maintained by Citigroup with “Hold”. The firm earned “Buy” rating on Monday, April 2 by SunTrust. The stock has “Buy” rating by SunTrust on Wednesday, January 10. Pivotal Research initiated the stock with “Hold” rating in Tuesday, January 30 report. Needham maintained SYNNEX Corporation (NYSE:SNX) rating on Monday, April 2. Needham has “Buy” rating and $13500 target. The stock of SYNNEX Corporation (NYSE:SNX) has “Buy” rating given on Tuesday, January 9 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, March 29. Below is a list of SYNNEX Corporation (NYSE:SNX) latest ratings and price target changes.

02/04/2018 Broker: SunTrust Rating: Buy New Target: $130.0000 Maintain
02/04/2018 Broker: Needham Rating: Buy New Target: $135.0000 Maintain
02/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $152 New Target: $140 Maintain
29/03/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $140.0000 Maintain
30/01/2018 Broker: Pivotal Research Rating: Hold New Target: $150.0 Initiate
10/01/2018 Broker: SunTrust Rating: Buy New Target: $148.0 Maintain
09/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $152.0 Maintain
10/01/2018 Broker: Citigroup Rating: Hold New Target: $150.0 Maintain
10/01/2018 Broker: Pivotal Research Rating: Hold New Target: $150.0

The stock increased 0.68% or $0.77 during the last trading session, reaching $113.9. About 91,172 shares traded. SYNNEX Corporation (NYSE:SNX) has declined 4.32% since June 14, 2017 and is downtrending. It has underperformed by 16.89% the S&P500.

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally. The company has market cap of $4.57 billion. It operates in two divisions, Technology Solutions and Concentrix. It has a 17.35 P/E ratio. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products.

Another recent and important SYNNEX Corporation (NYSE:SNX) news was published by Globenewswire.com which published an article titled: “Recent Analysis Shows ABM Industries, Waddell & Reed Financial, South State, Vera Bradley, Healthcare Trust of …” on May 23, 2018.

SYNNEX Corporation (NYSE:SNX) Institutional Positions Chart

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